Major amendments were made to the Delaware General Corporation Law in 1967. A committee was appointed to study the current law and propose revisions. This committee hired Ernest Folk, a professor at the University of North Carolina, to write a report with proposals to amend the law.
Minutes of the Delaware Corporation Law Study Committee
Documents of the Delaware Corporation Law Study Committee
General Corporation Law Committee of the Delaware State Bar Association, Commentary On Legislative Proposals For The 127th General Assembly Second Session, 1974